JRG Securities Ltd has announced that JRG, one of the premier brokerage houses in the country and a leading Commodity brokerage house in the UAE, is organizing a unique Commodities Summit in Dubai to discuss the emerging the vast investment opportunities in the Commodities Futures market.
JRG is the first Indian brokerage Company that is conducting an exclusive summit on commodities in Dubai. 'JRG COMMODITIES SUMMIT DUBAI — 2006' will be on November 18, 2006 at Movenpick International Hotel, Dubai.
Addressing a press conference on the event in Kochi on Monday, JRG Managing Director Mr Regi Jacob said that the main objective of the Summit is to give more insight to the brighter side of the commodity futures trading through Dubai Gold and Commodities Exchange (DGCX) to the large number of NRI clients and other nationals in the Middle East.
"We are happy that JRG is holding the first ever Commodities Summit in Dubai. The Summit will be a unique event and it will help NRIs and other nationals get a better perspective about the investment opportunities in commodities market." Mr Jacob said.
During the Summit, Mr Jignesh Shah, Vice-Chairman of DGCX and the founder of Financial Technologies will launch UAE’s first Mobile Trading platform in DGCX. JRG has an exclusive tie-up with Financial Technologies Middle East for providing the M-Trade facility to the global investing public.
Financial Technologies, the largest commodity & capital market trading software provider in India & Middle East, has developed the "I-Win" wireless technology in association with NOKIA mobile for Mobile Trade.
JRG has already successfully implemented the Mobile Trading platform across India. While more than 1000 clients are currently trading on JRG’s Mobile Trading platform, the Company’s Internet trading division I-Trade also uses the most user-friendly technology platform. JRG is the first company that started the integrated Internet trading platform for capital market and commodities and for Mobile trading in India.
"JRG is very proud that we are going to provide this cutting edge technology through an international commodity exchange trading platform to the investing public," Mr Jacob said.
JRG promoters also announced that the Company has completed all the formalities in setting up adequate infrastructure facilities with trained staff members for the commencement of mobile trading from November 18 onwards across UAE.
During the Summit, Mr Framroz Pochara, CEO of DGCX will provide an exclusive presentation on DGCX. Mr Amer Musa Al Jaghbeer, Director & Legal Registrar of Dubai Multi Commodities and Mr Arshad Khan, Director, Financial Technologies Middle East will offer felicitations during the function.
Mr Giby Mathew, Managing Director of JRG Metals & Commodities DMCC will make a presentation on "Role & Support of JRG in UAE Investment Environment."
The Summit will conclude with an exclusive Mock Trading Session for the investors to experience the trading in On-line Commodity Futures. Investors will be trained during the Summit as to how to conduct trades in Gold, Fuel Oil, Currencies & Silver.
More than 500 delegates that include NRIs, HNIs and foreign investors will be participating in the Summit.